صفحه ی اصلی سوالاتدسته بندی: اطلاعات عمومیIran’s vacuum bottom prices continue rise: Correction
nn 6 ماه قبل

Iran’s vacuum bottom (VB) feedstock prices continued to rise on tight supplies from refineries and despite rising resistance to higher prices from local bitumen participants.
Total VB supplies from all Iranian refineries decreased by 105,000t from a year earlier to 550,000t in November.
Demand for VB from bitumen producers has outstripped supplies from most refineries and pushed prices higher in recent weeks.
Some refineries have switched to producing more fuel oil over the past month. Demand for fuel oil has strengthened for exports and in the domestic market because of winter restocking.
A planned maintenance at the 230,000 b/d Bandar Abbas refinery is ongoing. The refinery is expected to resume production in 15-30 days, or by the end of December or first half of January. Only 165,000t of VB was sold in November because of the maintenance, down from about 225,000t in the same period last year.
“The Bandar Abbas refinery used to deliver 100 trucks/d but this has now fallen to 40 trucks/d,” a bitumen producer said.
Deliveries of VB by truck from the 373,000 b/d Esfahan refinery to bitumen producers were delayed because of limited loading capacity. The refinery previously sold and delivered most of its VB by pipeline to bitumen producers.
VB prices increased to 55,054 rials/kg ($1.30/kg) ex-Bandar Abbas and Shiraz refineries’ straight-run units on 10 December following a 4.2pc fall on 5 December, while other refineries announced VB prices at IR52,433/kg.
VB prices are calculated using a formula based on high-sulphur 380cst fuel oil prices and the exchange rate on a domestic platform for the past fortnightly period.
Bitumen demand has slowed in target markets following a $80/t increase in Iranian bitumen prices in the past month.
Iranian bulk cargoes were sold at $150-160/t fob Bandar Abbas on 30 October but prices increased to $230-240/t fob by the end of November. Drum prices were at $215-225/t fob at the end of October but rose to $295-305/t in just a month.